Stake in Keystone Pipeline Is Potential Conflict for Susan Rice

Should Susan E. Rice , the United Nations ambassador, be nominated for Secretary of State, one issue likely to arise during confirmation hearings, aside from the lethal attack on the American Mission in Benghazi, Libya, is her large stock holdings in TransCanada, the company seeking an American permit to build the proposed the Keystone XL pipeline . Stan Honda/Agence France-Presse — Getty Images Susan E. Rice during a meeting of the United Nations General Assembly on Thursday. According to financial disclosure documents filed in May, Ms. Rice and her family own from $300,000 to $600,000 worth of stock in the Canadian pipeline company . Because the State Department oversees transboundary pipelines, the Secretary of State is ultimately responsible for determining whether Keystone XL should go forward. But her stock holdings in TransCanada, first reported by the Sunlight Foun...